New Delhi [India], November 29 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against a private firm and its directors on the allegations of cheating Union Bank of India to the tune of Rs 44.64 crore.
New Delhi [India], September 3 (ANI): The Central Bureau of Investigation (CBI) arrested a private person in bank fraud cases on Friday. The accused was absconding and a Look Out Circular was issued against him in the year 2018.
Mumbai (Maharashtra) [India], August 25 (ANI): The Union Finance Ministry on Wednesday informed that public sector banks have reported healthy profits and have accelerated on technology-driven reforms.
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
Mumbai (Maharashtra) [India], May 17 (ANI/PNN): Star Union Dai-ichi Life Insurance Company Ltd (SUD LIFE) announced the appointment of Abhay Tewari as Managing Director and Chief Executive Officer of the Company w.e.f 15th May 2021.
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.
Singapore, December 17 (ANI): S&P Global Ratings on Thursday affirmed BB-plus long-term and B short-term issuer credit ratings on Union Bank of India (UBI).
Rangareddy (Telangana) [India], October 1 (ANI): Five people, including an assistant bank manager and a former bank manager of the Union Bank of India, were arrested by the Telangana Police for cheating the bank to the tune of Rs 2.91 crore by certifying imitation gold as genuine.
New Delhi [India], September 22 (ANI): Reserve Bank of India (RBI) has appointed AK Dixit, ex-General Manager of Union Bank of India as the new administrator of Punjab and Maharashtra Cooperative (PMC) Bank with effect from September 23.
Mumbai (Maharashtra) [India], September 11 (ANI): India Ratings and Research (Ind-Ra) said on Friday it has assigned Union Bank of India's (UBI's) tier two bonds an AA-plus rating and placed it on rating watch evolving (RWE).
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
Mumbai (Maharashtra) [India], July 3 (ANI/NewsVoir): IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India, has associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda, to offer a un